CRBD Company Report

Analyst Coverage

Research analysts covering CRBD.

Recent press releases and 8-K filings for CRBD.

Corebridge Financial Reports Solid Q3 2025 Performance Amidst Leadership Transitions

CRBD

Earnings

Management Change

Share Buyback

Corebridge Financial reported Q3 2025 adjusted pre-tax operating income of $678 million and operating earnings per share of $0.99, with a run rate operating EPS of $1.21, representing a 6% year-over-year increase.
CFO Elias Habayeb will be leaving Corebridge in April 2026, and CEO Kevin Hogan confirmed this was his last earnings call.
The company returned over $1.4 billion to shareholders year-to-date through buybacks and dividends, including $509 million in Q3 2025, and expects elevated share repurchases in coming quarters following a $2 billion increase to its share repurchase authorization.
Corebridge achieved its highest sales since the IPO, with $12.3 billion in total premiums and deposits, driven by strong performance in individual retirement and institutional markets.

Nov 4, 2025, 3:00 PM

Corebridge Reports Q3 2025 Results

CRBD

Earnings

Dividends

Revenue Acceleration/Inflection

Corebridge reported Operating EPS of $0.96 and Adjusted pre-tax operating income of $654 million for Q3 2025.
The company's premiums and deposits increased by 34% year-over-year to $12.3 billion, demonstrating the breadth of its product and service offerings.
Holding company liquidity stood at $1.8 billion in Q3 2025, exceeding the next 12 months' needs.
Corebridge returned $200 million in capital to shareholders in Q3 2025, contributing to a year-to-date capital return of $1.4 billion which reflects an 80% payout ratio.
The Institutional Markets segment experienced significant growth, with premiums and deposits increasing by 230% year-over-year to $4,165 million.

Nov 4, 2025, 3:00 PM

Corebridge Financial Reports Strong Q3 2025 Results and Announces Leadership Changes

CRBD

Earnings

CFO Change

CEO Change

Corebridge Financial reported strong Q3 2025 performance, with adjusted pre-tax operating income (excluding VII and notable items) of $678 million and operating earnings per share of $0.99. The run rate operating EPS, adjusted for alternative investment returns and notable items, was $1.21, representing a 6% year-over-year increase, and the adjusted run rate ROE was 12.9%.
The company announced significant management changes, with CFO Elias Habayeb departing in April 2026 and CEO Kevin Hogan making his last earnings call, with Mark Costantini set to become the new CEO.
Corebridge returned over $1.4 billion to shareholders year-to-date through buybacks and dividends, with Q3 capital return totaling $509 million, including $381 million in share repurchases. The holding company liquidity remains robust at $1.8 billion, and elevated share repurchases are expected in coming quarters following a $2 billion increase in authorization.
The company maintains its long-term targets of 12%-14% return on equity and an average 10%-15% annual EPS growth rate. However, alternative investment returns for Q4 are expected to be below long-term expectations, and EPS over the next few quarters will be lower due to the timing of deploying VA reinsurance transaction proceeds.

Nov 4, 2025, 3:00 PM

Corebridge Financial Reports Strong Q3 2025 Results and Announces CFO Departure

CRBD

Earnings

CFO Change

Share Buyback

Corebridge Financial reported Q3 2025 adjusted pre-tax operating income of $678 million and operating earnings per share of $0.99.
The company achieved its highest sales since the IPO in Q3 2025, with total premiums and deposits of $12.3 billion, driven by strong performance in individual retirement and institutional markets.
CFO Elias Habayeb will depart in April 2026, with a six-month transition period to ensure a smooth handover.
Corebridge returned more than $1.4 billion to shareholders year-to-date through buybacks and dividends, and anticipates elevated share repurchases in upcoming quarters due to a $2 billion increase in authorization and robust $1.8 billion holding company liquidity.